The healthcare field consists of professionals who take care of patients, physically, emotionally, and financially. By creating accurate and complete billing records and coding invoices for reimbursement, medical billers and coders ensure that the business and administrative side of healthcare does not impede the crucial medical care that patients require or the services that doctors provide.
Specifically, a medical billing and coding specialist provides the following services:
- Keeping detailed records of the services that the patient received from start to finish. They use a predetermined system of codes to ensure accuracy and confidentiality.
- Using the coded details to bill the patient or insurance company properly.
However, there are many different tasks involved in completing the two services listed above. These include:
- Accurately detailing both the patient’s and insurance company’s information into a software program.
- Entering appropriate codes for the patient’s medical history, tests, diagnoses, and treatment.
- Reviewing information to ensure it is complete, clear, and accurate.
This helps ensure that the medical system, as a whole, flows smoothly and efficiently.
Becoming a Medical Biller and Coder
Although it is not strictly required, many employers prefer candidates with a one year certificate in medical billing and coding, such as the one offered by Southern Careers Institute, or other advanced degrees. This education covers the topics, including medical terminology, medical coding, and business communication, you need to know to excel in the profession.
The Rise and Fall of Tuition Costs
One problem that most students face is the medical billing and coding cost of school. It seems to be more and more expensive to attend college, and with that comes a possible debt load that may hinder your future financial goals. But is the cost of education rising? If you are wanting to become a medical biller and coder, not necessarily. In fact, the cost of attending school may actually decrease. How is this possible? First, the medical billing and coding cost of school varies depending on the location of the school, the length of the program, and the depth of teaching.
The End Result
The medical billing and coding cost of school requires funds to pay for the knowledge you receive, but it is worth it. With the availability of day or evening classes, financial aid, as well as online programs, you have a much better chance of affording your certificate in medical billing and coding. Less debt means more freedom. Consider the financial aspects in your decision to become a medical biller and coder, and take charge of your life.
This article was published on: 04/21/13 3:55 PM
* SCI does not guarantee employment or a starting salary upon graduation, completion, or withdrawal from SCI. As an accredited post-secondary institution, SCI has various federal financial assistance programs available for students who qualify and are enrolled in SCI programs. This does not apply to seminar students.
GI Bill® is a registered trademark of the U.S. Department of Veterans Affairs (VA). More information about education benefits offered by VA is available at the official U.S. government Web site at http://www.benefits.va.gov/gibill.